Honda cut bait on EV's last month:

On Thursday, the Japanese automaker said it expects to write off up to 2.5 trillion yen — roughly $15.7 billion — as it reshapes its North American EV strategy. Honda expects the charge will push profits into the red in 2026, marking its first annual loss in nearly 7 decades.

https://www.businessinsider.com/hond...ng-2026-3?op=1